Insurance by Owner. Owner, at its expense, will obtain and keep in force adequate insurance against physical damage (e.g., fire and extended coverage endorsement, boiler, and machinery, etc.) and not less than $5,000,000 Occurrence and Aggregate general liability insurance against liability for loss, damage, or injury to property or persons which might arise out of the occupancy, management, operating, or maintenance of the Property covered by this Agreement. Property Manager will be covered as an insured in its capacity as a Real Estate Manager on all commercial general liability insurance obtained by Owner. Owner shall save Property Manager harmless from any liability on account of loss, damage, or injury, to the extent actually insured against by Owner provided:
Insurance by Owner a. Owner shall, at all times during the Term of this Agreement and, at Owner’s cost and expense, maintain insurance coverage on the Property of such type and in such amounts and subject to an insurance replacement amount and, as may be prescribed by any statute, ordinance or governmental regulation applicable to Owner or by any Mortgagee. Such insurance shall include, but not be limited to:
Insurance by Owner. The Owner shall not be required by this Agreement to procure or maintain any insurance for the Project or for the benefit of the Project participants. The only insurance maintained by the Owner will be such insurance as the Owner otherwise decides to carry to cover liabilities or losses of the Owner and its agents and separate contractors during the timeframe of the Project. It is the intent of this Agreement that the CM will implement insurance plans and purchase insurance policies to protect the Work and to insure against liabilities of the CM and the Contractors. Such insurance shall be of the kinds and have limits of liability and coverages not less than the minimum limits hereinafter specified or required by law, whichever is greater. Notwithstanding the foregoing conditions, the Owner reserves the right to implement an Owner-Controlled Insurance Program (“OCIP”) to provide any or all of the coverages otherwise required of the CM. The terms and conditions of any OCIP will be in the discretion of the Owner, provided the Owner will give the CM at least sixty days notice of the intent to implement the OCIP with an opportunity to comment on its terms. The CM shall be given at least fourteen days to comment on the OCIP terms and conditions. After the CM reviews the proposed coverage terms and limits of such OCIP, the parties agree that provisions of Article 21, including, but not limited to, matters addressing insurance required to be provided by CM, coverages, limits and indemnification by CM and Contractors, will be modified such that they are consistent with the OCIP and are mutually agreeable to both the Owner and the CM.
Insurance by Owner. Owner may acquire such insurance as it deems -------------------- proper to protect itself against third party claims or damages to the Pipeline, and such insurance shall inure solely to the benefit of Owner.
Insurance by Owner. Prior to the commencement of charter flight operations, Owner will obtain the insurance policies described on Exhibit 4 and will maintain policies in force for the Term. All such insurance shall:
Insurance by Owner. 36. The Owner agrees, at his sole expense throughout the term of this Agreement, to carry the following policies of insurance with limits of not less than the following:
Insurance by Owner. Owner, at its expense, will obtain and keep in force adequate insurance against physical damage (e.g., fire and extended coverage endorsement, boiler, and machinery, etc.) and against liability for loss, damage, or injury to property or persons which might arise out of the occupancy, management, operating, or maintenance of the Property covered by this Agreement. Property Manager will be covered as an insured in its capacity as a Real Estate Manager on all commercial general liability insurance obtained by Owner. Owner shall save Property Manager harmless from any liability on account of loss, damage, or injury, to the extent actually insured against by Owner provided:
Insurance by Owner. During the Term of this Agreement, Owner shall obtain and maintain (or cause to be obtained and maintained) the following insurance for each Project subject to this Agreement:
Insurance by Owner. Owner, at its expense, will obtain and keep in force any insurance required by any lender with a security interest in the Property as well as adequate insurance against physical damage (e.g., fire and extended coverage endorsement, boiler, and machinery) and against liability for loss, damage, or injury to property or persons which might arise out of the occupancy, management, operating, or maintenance of the Property. Manager shall be named as a named insured on all liability insurance policies obtained by Owner. Owner
Insurance by Owner. Owner shall obtain and maintain throughout the term of this Agreement the following policies of insurance:
